They also must report their non-U.S. bank accounts on FBARs (now FinCEN Form 114) and file the FATCA Form 8938. These obligations can be onerous, and many U.S. citizens living abroad are not fully ...

Tax filing season starts on January 27th, with this year’s season bringing some new requirements, according to Tyler CPA Juan Martinez.

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

On 1/8/25, the National Taxpayer Advocate (NTA) published its 2024 Annual Report to Congress and identified taxpayers’ ...